TechFlow reports, CryptoQuant founder Ki Young Ju believes that although decentralized projects often fail, the underlying concept still holds potential.
He pointed out that complacency among early participants and difficulty for later participants to profit are the main reasons. He emphasized that balanced and appropriate regulation is crucial—without it, fraud will run rampant and the potential of blockchain technology cannot be realized. Web3 needs proper regulation to prevent decentralization from being equated with anarchy.
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